BEML announced that Ministry of Defence (MoD), Government of
India vide letter dated 07 July 2020 intimated that the competent authority has accorded "in-principle" approval for closure of Vignyan Industries, Tarikere, a subsidiary of BEML. Further, MoD has requested BEML to initiate process in accordance with the DPE guidelines relating to time bound closure of sick/loss making CPSEs .
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